Calculate Your Monthly EMI Instantly
TATA Capital Personal Loan EMI Calculator
Principal Amount
₹10,00,000
Total Interest
₹0
Total Amount
₹0
Planning to apply for a TATA Capital personal loan? Calculate your Equated Monthly Installments (EMIs) instantly with our TATA Capital Personal Loan EMI Calculator. This free online tool helps you estimate monthly repayments for loans up to ₹35 lakhs with flexible tenures of up to 6 years. Say goodbye to manual errors and make informed borrowing decisions!
Why Use the TATA Capital EMI Calculator?
- Accurate EMI Estimates: Get precise results in seconds.
- Budget-Friendly Planning: Adjust loan amounts, tenures, and interest rates to find a repayment plan that suits your finances.
- Zero Hassle: No registrations or fees required.
- Compare Options: Test different scenarios to choose the best loan terms.
How to Calculate TATA Capital Personal Loan EMI in 3 Steps
- Enter Loan Amount: Input your desired loan principal (up to ₹35 lakhs).
- Adjust Tenure: Select a repayment period between 1–6 years.
- Add Interest Rate: Input TATA Capital’s current interest rate.
Result: Your EMI, total interest, and repayment breakdown will display instantly.
Benefits of Using the TATA Capital EMI Calculator
✅ Instant Results: No waiting or complex math.
✅ Financial Clarity: Understand interest costs and total repayment upfront.
✅ Plan Ahead: Adjust variables to reduce EMI burden.
✅ Error-Free: Avoid manual calculation mistakes.
How the TATA Capital EMI Calculator Works
The calculator uses the standard EMI formula:
EMI = [P × R × (1+R)^N] / [(1+R)^N-1]
Where:
- P = Principal Loan Amount
- R = Monthly Interest Rate (Annual Rate ÷ 12)
- N = Tenure in Months
Example Calculation:
Mr. Sharma takes a ₹5 lakh loan from TATA Capital at 13% interest for 4 years (48 months).
- Monthly Interest Rate (R): 13% / 12 = 0.01083
- EMI = [5,00,000 × 0.01083 × (1+0.01083)^48] /[(1+0.01083)48–1]=₹13,432[(1+0.01083)48–1]=₹13,432
TATA Capital Personal Loan Amortization Schedule
Here’s how Mr. Sharma’s ₹5 lakh loan repayment breaks down:
| Year | Interest Paid | Principal Paid | Remaining Balance |
|---|---|---|---|
| 1 | ₹58,234 | ₹62,150 | ₹4,37,850 |
| 2 | ₹47,891 | ₹72,493 | ₹3,65,357 |
| 3 | ₹35,672 | ₹84,712 | ₹2,80,645 |
| 4 | ₹21,320 | ₹99,064 | ₹0 |
Total Interest Paid: ₹1,63,117
FAQs: TATA Capital Personal Loan EMI Calculator
Q1. What’s the maximum loan amount I can calculate?
A. The calculator supports loans up to ₹35 lakhs, TATA Capital’s maximum limit.
Q2. Do I need an account to use the EMI calculator?
A. No! It’s free and requires no sign-up.
Q3. How does tenure affect my EMI?
A. Longer tenures reduce monthly EMIs but increase total interest.
Q4. What if I don’t know TATA Capital’s interest rate?
A. Check their website or use the current range (10.99%–22% p.a.) for estimates.
Q5. How do I check my eligibility for a TATA Capital loan?
A. Visit TATA Capital’s official portal for criteria like income, credit score, and employment status.